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IBEDC assures stable power supply, swift fault resolution during Christmas holidays
December 24, 2024DistributionNewsPower

IBEDC assures stable power supply, swift fault resolution during Christmas holidays

Engr. Agoha, IBEDC MD warns against energy theft, urges customers to report suspicious activities Oredola Adeola The Ibadan Electricity Distribution Company (IBEDC) Plc has implemented measures to ensure network stability, swift fault resolution, and uninterrupted power supply to meet customer…

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Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis
December 23, 2024DistributionFinanceGasGenerationImpactNewsPowerSpecial ProjectTransmission

Power Consumer Assistance Fund: Vital lifeline to avert NESI’s persistent liquidity crisis

… ending blanket electricity subsidy, with ₦5,000 monthly relief worth 25 kWh for low-income households … activation of PCAF, full cost-reflective tariffs by Q1, 2025 Adetayo Adegbemle Nigeria’s Electricity Supply Industry (NESI) is grappling with persistent financial instability, largely driven…

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EKEDC’s Lekki-Ajah customers to enjoy improved power supply, as TCN upgrades substation to 195MVA
December 22, 2024DistributionImpactNewsPower

EKEDC’s Lekki-Ajah customers to enjoy improved power supply, as TCN upgrades substation to 195MVA

…with commissioning of 1x75MVA transformer at Lekki …more supply to New Maroko, Cheview Estate, Lekki, surrounding areas   Oredola Adeola   The Transmission Company of Nigeria (TCN) has successfully commissioned a 1×60/75 MVA 132/33KV power transformer at the 330/132/33kV Lekki…

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NERC transfers electricity oversight to Lagos, 2 weeks after Sanwo- Olu signed electricity bill
December 19, 2024DistributionGenerationNewsPowerTransmission

NERC transfers electricity oversight to Lagos, 2 weeks after Sanwo- Olu signed electricity bill

  …orders EKEDC, Ikeja Electric to create subsidiaries for Lagos electricity market. … Lagos joins list as 8th state approved by NERC Oredola Adeola Two weeks after Lagos State Governor Babajide Sanwo-Olu signed the Lagos Electricity Bill 2024 into law,…

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NERC mandates AFUR tariff tool for mini-grid developers, effective Dec. 16
December 16, 2024DistributionEnergy TransitionFinanceGenerationNewsPowerRenewablesSustainability

NERC mandates AFUR tariff tool for mini-grid developers, effective Dec. 16

… aims to drive cost-reflective pricing for dedicated power generation facilities   Oredola Adeola   As part of efforts to establish cost-reflective tariffs for dedicated power generation facilities, the Nigerian Electricity Regulatory Commission (NERC) has directed all mini-grid developers in…

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Oyo commissions Phase 1 (5 MW) of 11 MW power plant
December 6, 2024DistributionGenerationNewsPower

Oyo commissions Phase 1 (5 MW) of 11 MW power plant

… as work on Phase 2 (6MW) begins Governor Makinde decries year-long delay in securing NERC clearance for Oyo IPP Oredola Adeola The Oyo State Government has commissioned the first phase of its 11 MW Independent Power Project (IPP), a…

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TCN upgrades bulk power supply to Lagos, Ogun with $200m World Bank support
December 5, 2024DistributionNewsPowerTransmission

TCN upgrades bulk power supply to Lagos, Ogun with $200m World Bank support

“Completion of substations crucial to FG’s 10,000 MW grid capacity target by 2025,” says Abdulazeez Michelle Savage The Transmission Company of Nigeria (TCN) has strengthened Lagos and parts of Ogun State’s electricity supply infrastructure with the commissioning of new power…

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TCN restores bulk power to Bayelsa after 4-month of total outage
December 4, 2024DistributionNewsPowerTransmission

TCN restores bulk power to Bayelsa after 4-month of total outage

…erects 20 new towers after 3 coordinated attacks on Ahoada-Yenagoa 132kV line in 2024 … to set up community task force in Bayelsa, Rivers states to enhance security of power equipment Oredola Adeola The Transmission Company of Nigeria (TCN) has…

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Sanwo-Olu Signs Lagos Electricity Bill 2024, targets 24-hour power supply
December 3, 2024DistributionNewsPower

Sanwo-Olu Signs Lagos Electricity Bill 2024, targets 24-hour power supply

  Oredola Adeola Lagos State Governor Babajide Sanwo-Olu has signed the Lagos Electricity Bill 2024 into law, marking a significant step toward achieving 24-hour electricity supply across the state by enabling autonomous generation, transmission, and distribution of power under the…

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DisCos meter 3.03m customers since 2013, totaling 6.15m, as 6.13m remain on estimated billing
December 2, 2024DistributionNewsPower

DisCos meter 3.03m customers since 2013, totaling 6.15m, as 6.13m remain on estimated billing

… metering rate stagnates at 50% post-privatisation, despite CAPMI, NMMP, MAP interventions … NERC identifies PMI, DISREP, MAF as key interventions to bridge metering gap Oredola Adeola Between November 2013 and November 2024, approximately 3.03 million prepaid electricity meters were…

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